Healthcare Trust of America pays $22M to EmblemHealth for heath center property in Staten Island

Healthcare Trust of America through the entity Hta-Clove Road Mob, LLC paid EmblemHealth’s Health Insurance Plan Of Greater New York $21.7 million for 1050 Clove Road in Staten Island. The deal closed on December 31, 2019, and was recorded on March 6, 2020. The transaction consists of 1 parcel, including the tax class health center, child center, clinic (I5). The property is 54,000 square feet. The parcel(s) have total development potential of 64,208 square feet.
The average sale price per square foot is $338.

This is the seventh sale by EmblemHealth recorded in the past three months, and the sixth to include a lease with EmblemHealth’s partner AdvantageCare Physicians.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $1,065,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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